CSGS Options History — November 2021

In November 2021, CSGS traded between $50.64 and $54.31. ATM implied volatility averaged 38.0%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 17.1% (HV 20d: 20.8%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.31.

Notable Days

  • 2021-11-17: Highest Volume — 105 contracts
  • 2021-11-19: Largest IV spike — 77.3% change
  • 2021-11-09: Highest IV Rank — 52.6%
  • 2021-11-22: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.67$50.64$54.31$51.04$52.62
Max Pain$45.71$45.00$50.00$50.00$45.00
ATM IV38.0%23.4%62.5%37.3%40.2%
Expected Move10.1%6.7%12.1%10.7%11.5%
HV 20d20.8%17.3%22.7%17.3%21.2%
HV 60d18.9%17.6%19.4%17.6%19.0%
IV Rank24.4%7.7%52.6%23.6%26.9%
IV Percentile55.5%8.3%94.8%57.9%67.1%
Term Structure-11.0%-27.3%12.9%-15.8%-5.7%
VWIV39.3%22.6%55.2%41.4%55.2%
Skew 25d-5.4%-24.9%23.5%4.4%4.9%
Skew 10d-3.1%-47.9%86.9%37.4%86.9%
Call IV 25d43.6%20.6%60.8%42.3%52.8%
Put IV 25d38.1%29.0%57.7%46.7%57.7%
Bid-Ask Spread %112.0698.63118.26114.61113.39
Gamma HHI0.950.930.980.950.97
Net GEX100.1K68.7K141.5K116.3K129.5K
Net DEX-2.2M-2.6M-1.7M-1.8M-2.2M
Net VEX-3.2K-4.1K-2.3K-4.1K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.140.440.160.43
Total Volume85.4765610565103
Total OI602.857593640595610

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$51.04$50.0037.3%10.7%17.3%23.6%41.4%4.4%-15.8%116.3K-1.8M-4.1K0.16114.61N/AN/A56958411
2021-11-02$50.64$50.0039.1%11.2%17.3%25.8%42.0%-3.1%-17.3%88.6K-1.7M-4.1K0.16111.56N/AN/A5695849
2021-11-03$51.25$50.0031.3%9.0%17.7%16.7%25.0%-20.6%3.0%117.1K-1.8M-4.0K0.16117.91N/AN/A5695849
2021-11-04$52.65$45.0047.6%9.0%18.5%35.5%22.6%3.6%-15.3%86.1K-2.2M-3.6K0.16109.44N/AN/A5695849
2021-11-05$54.31$45.0034.9%10.1%21.3%20.9%24.4%8.5%-9.5%78.0K-2.5M-3.1K0.14110.12N/AN/A5685849
2021-11-08$54.13$45.0049.8%10.5%20.7%38.0%48.3%-17.1%-11.5%68.7K-2.5M-3.0K0.17111.32N/AN/A48858410
2021-11-09$53.85$45.0062.5%10.0%20.2%52.6%32.9%-5.1%-11.5%90.2K-2.5M-2.8K0.17108.91N/AN/A48858410
2021-11-10$53.54$45.0036.4%10.4%20.2%22.6%32.7%-0.1%-16.7%78.1K-2.4M-3.2K0.17116.10N/AN/A48858410
2021-11-11$53.50$45.0036.5%10.5%20.3%22.7%30.3%4.6%-15.7%84.2K-2.3M-3.1K0.1798.63N/AN/A48858410
2021-11-12$52.79$45.0041.0%11.7%21.1%27.9%28.8%-0.6%-27.3%80.2K-2.2M-3.3K0.44110.37N/AN/A713158410
2021-11-15$51.85$45.0026.9%7.7%21.6%11.7%36.1%-20.7%0.3%121.1K-2.1M-3.9K0.43110.03N/AN/A723160733
2021-11-16$52.80$45.0040.3%11.5%22.3%27.1%34.0%-11.2%-23.3%110.9K-2.4M-2.9K0.43109.38N/AN/A723158915
2021-11-17$52.83$45.0031.3%9.0%22.3%16.7%40.9%-8.6%-2.8%109.3K-2.4M-2.8K0.42112.26N/AN/A743159415
2021-11-18$52.30$45.0023.4%6.7%22.7%7.7%44.4%-11.8%2.5%106.0K-2.2M-3.2K0.42109.39N/AN/A743159415
2021-11-19$52.67$45.0041.5%11.9%22.6%28.5%49.6%-24.9%-22.2%90.3K-2.2M-3.2K0.42114.18N/AN/A743159415
2021-11-22$53.19$45.0042.3%12.1%22.7%29.4%53.2%-16.3%-25.9%87.2K-2.2M-3.0K0.42114.80N/AN/A743159115
2021-11-23$53.16$45.0025.1%7.2%22.4%9.6%39.9%-7.3%12.9%100.0K-2.6M-2.3K0.42116.07N/AN/A743159315
2021-11-24$52.80$45.0039.8%11.4%21.3%26.4%49.9%-19.5%-9.3%95.0K-2.2M-2.9K0.42118.26N/AN/A743159316
2021-11-26$51.99$45.0036.2%10.4%21.9%22.4%51.2%3.3%-11.8%124.2K-2.1M-2.8K0.43114.72N/AN/A723159316
2021-11-29$52.12$45.0033.9%9.7%21.8%19.7%42.6%23.5%-8.1%141.5K-2.2M-2.5K0.43111.82N/AN/A723159416
2021-11-30$52.62$45.0040.2%11.5%21.2%26.9%55.2%4.9%-5.7%129.5K-2.2M-2.4K0.43113.39N/AN/A723159416